Nestle plans to cut up to 450 jobs at a Galderma research and development centre in southern France, the Swiss company said on Thursday, as it seeks to make the underperforming skin health business more efficient. Galderma, which Nestle took over from its joint venture partner L’Oreal in 2014, will cut as many as 450 […]
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French President Emmanuel Macron wants to formalize the role of the president’s wife amid controversy over the cost and status of the first lady. The president’s office is preparing a formal communication in coming days, Brigitte Macron’s office said Tuesday. During his presidential campaign, the 39-year-old outspoken centrist promised more “transparency” on the issue. France’s […]
Read More The French government says it has set aside about €1 billion to invest in Nigeria’s oil and gas industry, to strengthen its economic relations in Africa. France’s Ambassador to Nigeria, Denys Gauer, disclosed this when the Group General Manager, Group Public Affairs Division of the Nigerian National Petroleum Corporation (NNPC), Ndu Ughamadu, visited him in […]
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French tyre maker Michelin said on Thursday it planned to cut 1,950 jobs by 2021, mostly in France, as it reorganizes its regional divisions while avoiding compulsory layoffs. Michelin said it would replace only 3,500 of the 5,000 French workers expected to leave or retire by 2021, as it cuts 970 positions at its Clermont […]
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France will step up the fight against resurgent Islamist militants in north and west Africa and will work more closely with Germany to help the tinderbox region, President Emmanuel Macron said on his first trip outside Europe on Friday. Visiting Mali days after taking office, Macron vowed to keep French troops in the Sahel region […]
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Global funds transfer company, Western Union Company (NYSE: WU), has announced that it has further strengthened its global digital money transfer footprint, with the activation of its 40th wu.com transactional website, now providing full digital access for cross-border person-to-person (P2P) money transfer services across major developed nations including the US, Canada and major parts of […]
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Emmanuel Macron was inaugurated Sunday as France’s new president at the Elysee Palace in Paris, and immediately launched into his mission to shake up French politics, world economics and the European Union. The 39-year-old Macron is the youngest president in the country’s history and the 8th president of France’s Fifth Republic, which was created in […]
Read More The French economy added nearly 50,000 new jobs in the first three months of the year, marking seven straight quarters of net new job creation, data from the INSEE statistics agencies showed on Friday. Non-farm private-sector payrolls rose by 49,400 or 0.3 percent in the first quarter, after rising an upwardly revised 67,300 or 0.4 […]
Read More France said on Saturday that U.S. Vice President Mike Pence would need to clarify his administration’s stance towards the European Union when he meets officials in Brussels next week, given President Donald Trump’s previous support for Britain’s exit. Pence is due in the BelgEUian capital on Monday. “I don’t want to prejudge Vice President Pence’s […]
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